CLOSE X
Algo Trading
Home

Blogs

Stock Market Blogs

Apply for Nykaa IPO - Check Issue Date, Share Price, Lot Size October 26 2021Nykaa IPO, Nykaa IPO dates price time, Latest IPO

Visit Count: 150

Nykaa IPO

FSN E–Commerce Ventures, which owns Nykaa and Nykaa Fashion, will begin accepting subscriptions for its initial public offering (IPO) later this week. Falguni Nayar promotes FSN, which is funded by private equity company TPG.

Before you subscribe to the IPO, below are certain things you should keep in mind.

Nykaa IPO Dates

The bidding for the third-largest initial public offering (after Zomato and Sona Comstar) in 2021 will begin on October 28 and end on November 1, 2021. If there is an anchor book, it will open for a day on October 27.


Information about the IPO

The IPO consists of a Rs 630 crore new issuance and a 4.19 crore equity share offer for sale (OFS) by many shareholders, including the promoters and certain investors.

TPG Growth IV SF Pte Ltd and Lighthouse India Fund III respectively would sell 54.21 lakh and 48.44 lakh equity shares through OFS, while promoter Sanjay Nayar Family Trust will sell up to 48 lakh equity shares.

Yogesh Agencies & Investments Pvt Ltd and JM Financial and Investment Consultancy Services, among others, would sell 25.38 lakh equity shares and 9.14 lakh equity shares, respectively.

Other shareholders, including Lighthouse India III Employee Trust and many more will sell 2.34 crore equity shares.

Employees would get 2.5 lakh equity shares out of the entire offering size.

The price brand

The price range has been set by the business in conjunction with merchant bankers at Rs 1,085-1,125 per equity share.

Raising Money

FSN E-Commerce intends to collect Rs 5,351.92 crore from the upper band and Rs 5,184.03 crore from the lower band.

The issue's objective

For the initial stage, the business plans to use the net funds from the new offering to invest in two subsidiaries - FSN Brands and/or Nykaa Fashion - as well as open additional retail locations (Rs 42 crore). The funds will also be used to fund capital expenditures and investments in companies such as Nykaa E-Retail, Nykaa Fashion, and FSN Brands, as well as warehouse construction (Rs 42 crore).

The cash will also be used to settle the company's and its subsidiary Nykaa E-debt Retail's (Rs 156 crore), as well as to boost brand recognition and visibility (Rs 234 crore).

The proceeds through the OFS route will be distributed to the selling shareholders.

About Nykaa

Nykaa is a consumer technology platform that provides consumers with a content-driven, lifestyle shopping experience. It was founded in 2012. The firm features a varied portfolio of beauty, personal care, and fashion items, as well as products under their own brand that they produce. There are two key verticals in which the firm operates:

Nykaa: Personal care and beauty

Nykaa Fashion specialises on clothing and accessories.

Open demat account with Indira Securities and start your trading journey with the best full-service providing brokerage firm in Central India.


COMMENTS
Categories
Blog Enquiry

Prevent Unauthorized Transactions in your demat and trading account --> Update your Mobile Number/Email id with your Depository Participant and Stock Broker. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat/trading account directly from CDSL and Stock Exchanges on the same day.........issued in the interest of investors...

1. Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020.

2. Update your Mobile Number & Email Id with your Stock Broker/ Depository Participant and receive OTP directly from Depository on your Email Id and/ or Mobile Number to create pledge.

3. Pay 20% upfront margin of the transaction value to trade in cash market segment.

4. Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued by NSE vide. Circular No. NSE/INSP/45191 dated: July 31, 2020 and NSE/INSP/45534 and BSE vide Notice No. 20200731-7, dated: July 31, 2020 and 20200831- 45 dated: August 31, 2020 and dated: August 31, 2020 and other guidelines issued from time to time in this regard.

5. Check your Securities/ MF/ Bonds in the Consolidated Account Statement issued by NSDL/ CDSL every month.

"As per the directives of CDSL and esteemed Exchanges, it has been made mandatory for every client to furnish their latest KYC details viz. Valid Mobile No., Email- Id & Income range on or before 31.05.2021 else your Account will be marked as Non Compliant and will be Freezed till the compliance of such requirement."
REGISTRATION NOS:

INDIRA SECURITIES PVT.LTD. (SEBI REG.NO.):NSE TMID: 12866, BSE TMID: 663, CDSL DPID: 17000 SEBI REG. NO.: INZ000188930, MCX TM ID: 56470, NCDEX TM ID: 01277, CDSL REG. NO.: IN-DP-90-2015, CIN : U67120MH1996PTC160201
INDIRA COMMODITIES PVT. LTD. CIN : U65921MH1995PTC089399

DISCLAIMER:

"INVESTMENT IN SECURITIES MARKET ARE SUBJECT TO MARKET RISKS, READ ALL THE RELATED DOCUMENTS CAREFULLY BEFORE INVESTING."

INVESTORS GRIEVANCE

Manoj Bhandari. Email: compliance@indiratrade.com. Call : 0731-4797275

Investors Grievance Email : complaint@indiratrade.com